Standout Mount Maunganui split risk investment


C18/32 Tawa Street, Mt Maunganui

Asking Price NZD $1,360,000 + GST (if any)

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Standout Mount Maunganui split risk investment | C18/32 Tawa Street, Mt Maunganui | 2500889 |      X Close
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Standout Mount Maunganui split risk investment


- Located in boutique Tawa Street Business Park

- 280sqm (approx.) Stratum in Freehold Industrial Unit

- Three new leases from established tenants

- Potential owner occupier warehouse tenancy

- Total Annual Net Rental $68,000 + GST & Outgoings

This well presented industrial unit title premises has been partitioned to provide three tenancies which include front offices on both the ground and first floor levels together with a rear high stud warehouse and office. Shared facilities include two toilets on the ground floor and a communal lunch room on the first floor. All the offices have air-conditioning.

The property is being sold with three new leases in place from long established existing tenants. These have just recently commenced in September 2019 providing initial new tenure terms plus further rights of renewal. However the rear warehouse with office can be available with vacant possession to suit an owner occupier if required.

Situated in the ever popular Tawa Street Business Park, this is a modern well appointed standout unit that offers split risk security, impressive annual net income and an affordable Mount Maunganui investment opportunity not to be missed!

C18/32 Tawa Street, Mt Maunganui

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